Script #40

Always DRIP!! Dont spend the dividends you earn - at least not yet ...

Original Script

might be missing out on $2,411.32 if you're not reinvesting your dividends. This is called a drip at Direct Reinvestment Plan. Also very quickly, dividends are what a company pays you just for buying and holding their stock. So if you own TELUS, for example, they pay you 36 cents for every share that you own. When TELUS pays you those dividends, you can either spend that money or you can take that money and automatically reinvest it back into TELUS to get more shares. The more shares you have, the more dividends they pay you. The more shares you can acquire by reinvesting back into that stock. It keeps on compounding. Let's pull out a drip calculator. If you bought 500 shares of TELUS today, it will cost you $12,910. Let's say you're holding it for 10 years. Without a drip, your total dividend amount would be $7,281.24. With a drip, your new total would be $9,692.56. That is a $2,411 difference. Good news is you can just call your brokerage to set up the drip. Or if you're using a lot of simple like me, it's just one click. Like this video and follow me and follow me on Instagram for more financial content.

Provocative Version Ready

**STOP SCROLLING** - You're literally throwing away $2,411 right now and don't even know it.

I'm about to expose the ONE dividend secret that 99% of investors ignore... and it's costing them THOUSANDS.

Here's what your broker doesn't want you to know:

When companies like TELUS pay you dividends - that's FREE money just for owning their stock - most people make the BIGGEST mistake ever. They take that cash and... spend it on coffee.

Meanwhile, the rich? They use something called a DRIP.

No, not that kind of drip.

A Direct Reinvestment Plan that automatically turns your dividends into MORE shares. More shares = MORE dividends. More dividends = MORE shares.

It's literally money making money while you sleep.

Watch this: 500 TELUS shares today costs $12,910. Hold for 10 years without DRIP? You get $7,281 in dividends.

But WITH a DRIP? $9,692.

That's $2,411 you're missing out on. FOR DOING NOTHING.

The craziest part? Setting this up takes ONE CLICK on most brokerages.

But here's the thing nobody talks about with DRIPs... there's actually a DARK SIDE that could cost you even more.

Drop a 💰 if you want me to expose what they don't tell you about dividend reinvestment.

Follow for the secrets Wall Street hopes you never learn.

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Video Info

Title:

Always DRIP!! Dont spend the dividends you earn - at least not yet ...

URL: https://www.tiktok.com/@joyeeyang0/video/7242074236624407813

Search query:

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Category: Finance

Score: 0.53

Script Info

Status Modified

Original length 1124 chars

Created Mar 14, 03:33